HRDF, which is part of the National Development Fund, will contribute 75% of the training costs and salary support for more than 1,000 employees. Lucid Group on Wednesday announced the signing of a Memorandum of Understanding (MoU) with the Human Resources Development Fund (HRDF) in Saudi Arabia. The company said in a press release, the… Continue reading Lucid Middle East inks Mou with HRDF in Saudi Arabia to train 1000 employees
Tag: Strategy
Supercar Market 2022 Competitive Insights | McLaren, Zenvo, Hispano-Suiza, Pininfarina – Digital Journal
The global Supercar Market study provides a comprehensive examination of the market throughout the projection quantity. The study covers an expansion of sections likewise as associate analysis of the events and factors that area unit probably to play a serious role at intervals the long run. These elements, referred to as market dynamics, embrace the drivers, restrictions,… Continue reading Supercar Market 2022 Competitive Insights | McLaren, Zenvo, Hispano-Suiza, Pininfarina – Digital Journal
GOL Announces Investor Update
SÃO PAULO, Oct. 27, 2022 /PRNewswire/ — GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), (“GOL” or “Company”), Brazil’s largest domestic airline, provides an Investor Update. All information is presented in Brazilian Reais (R$). The information below is preliminary and unaudited. GOL is updating its financial forecasts in light of higher jet fuel prices, the results obtained for the first nine months of the year, the current level of tickets sales, and expectations on seat availability. The Company is focused… Continue reading GOL Announces Investor Update
Ideanomics announces spin-out of its JUSTLY and Timios subsidiaries
NEW YORK, Oct. 27, 2022 /PRNewswire/ — Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), has begun the process to spin-out JUSTLY and Timios. “As part of our previously communicated strategic focus on the EV market, we have taken the decision to spin out the fintech businesses which do… Continue reading Ideanomics announces spin-out of its JUSTLY and Timios subsidiaries
HONEYWELL DELIVERS STRONG THIRD QUARTER RESULTS AND BEATS GUIDANCE ON SEGMENT MARGIN AND EARNINGS; RAISES FULL YEAR OUTLOOK
Operating Margin up 90 Basis Points to 19.5%; Segment Margin1 up 60 Basis Points to 21.8%, Exceeding High End of Guidance Range by 60 bps Earnings Per Share of $2.28, Adjusted EPS1 of $2.25, Exceeding High End of Guidance Range by 5 Cents Operating Cash Flow up 86% to $2.1 Billion; Free Cash Flow1 up… Continue reading HONEYWELL DELIVERS STRONG THIRD QUARTER RESULTS AND BEATS GUIDANCE ON SEGMENT MARGIN AND EARNINGS; RAISES FULL YEAR OUTLOOK
REGAL REXNORD TO ACQUIRE ALTRA INDUSTRIAL MOTION
Transforms Regal Rexnord’s automation portfolio into a meaningful, global automation solutions provider, with over 70% of its sales into markets with secular growth tailwinds Combines complementary power transmission portfolios to deliver enhanced industrial powertrain solutions for customers Re-balances Regal Rexnord’s portfolio between Motion Control (48% of pro forma sales), Climate Solutions (15%), Commercial Systems (15%),… Continue reading REGAL REXNORD TO ACQUIRE ALTRA INDUSTRIAL MOTION
ESTRIMA THE MANUFACTURER OF BIRÒ, THE SMALLEST FOUR-WHEELED ELECTRIC VEHICLE
MILAN, Oct. 27, 2022 /PRNewswire/ — On 14 September, in Turin, Estrima S.p.A., the manufacturer of Birò, the smallest four-wheeled electric vehicle, inaugurated its first Birò Point, a new sales format that will make it possible to make Birò known and purchase even inside multi-product and non-competing shops. Inside Movegreen, one of the best known… Continue reading ESTRIMA THE MANUFACTURER OF BIRÒ, THE SMALLEST FOUR-WHEELED ELECTRIC VEHICLE
ESTRIMA THE MANUFACTURER OF BIRÒ, THE SMALLEST FOUR-WHEELED ELECTRIC VEHICLE
MILAN, Oct. 27, 2022 /PRNewswire/ — On 14 September, in Turin, Estrima S.p.A., the manufacturer of Birò, the smallest four-wheeled electric vehicle, inaugurated its first Birò Point, a new sales format that will make it possible to make Birò known and purchase even inside multi-product and non-competing shops. Inside Movegreen, one of the best known… Continue reading ESTRIMA THE MANUFACTURER OF BIRÒ, THE SMALLEST FOUR-WHEELED ELECTRIC VEHICLE
FreeWire and Parkland Team Up to Bring Game-Changing Battery-Integrated Ultra-Fast EV Chargers to Electric Vehicle Drivers Across British Columbia, Canada
Public charging stations provide high-power, on-the-go charging for Parkland customers. The announcement represents FreeWire’s foray into the Canadian market. OAKLAND, Calif., Oct. 27, 2022 /PRNewswire/ — FreeWire Technologies (“FreeWire”), a pioneer in delivering battery-integrated electric vehicle (EV) charging stations and power solutions, together with Parkland Corporation (“Parkland”), an international fuel distributor and retailer with operations in… Continue reading FreeWire and Parkland Team Up to Bring Game-Changing Battery-Integrated Ultra-Fast EV Chargers to Electric Vehicle Drivers Across British Columbia, Canada
Greenbrier Reports Fourth Quarter and Fiscal Year 2022 Results
Fourth Quarter diluted EPS of $0.60 Generated nearly $180 million of operating cash flow in the quarter Strong lease fleet utilization of 98% Issues fiscal 2023 guidance LAKE OSWEGO, Ore., Oct. 27, 2022 /PRNewswire/ — The Greenbrier Companies, Inc. (NYSE: GBX) (“Greenbrier”), a leading international supplier of equipment and services to global freight transportation markets,… Continue reading Greenbrier Reports Fourth Quarter and Fiscal Year 2022 Results